In terms of credit to private sector, the total value
of credit allocated by the banks stood at N15.13trn as at Q4 2018. Oil &
Gas and Manufacturing sectors got credit allocation of N3.55trn and N2.23trn to
record the highest credit allocation as at the period under review.

As at Q4, 2018, the total number of banks' staffs
increased by 1.80% QoQ from 102,821in Q3 2018 to 104,669.